The Securities Exchange Board of Nepal (SEBON) has approved the proposed IPO issue of Menchhiyam Hydropower Limited on Magh 19.
The company will now issue 1,627,750 equity shares at a par value of NPR 100 each. The amount of the issue is Rs. 16.27 Crore. This is 30% of the company’s issued capital. The total paid-up capital after the IPO allotment would be Rs 54.25 crore of the company.
Prabhu Insurance Company Limited (PRIN) has announced its 28th Annual General Meeting (AGM) scheduled for the 20th of Baishakh, 2081. The AGM will convene at the Prabhu Complex in Tinkune, Kathmandu, commencing at 10 am on the designated day. Among the key agendas on the table, the AGM will endorse a 5% dividend for the […]
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Garima Bikas Bank Limited (GBBL), formerly known as Subhechha Bikas Bank Limited, Nilgiri Bikas Bank Limited, and Sahara Bikas Bank Limited, has issued a notice urging its shareholders to collect unclaimed dividends. According to the notice, some investors have yet to collect dividends for the fiscal year 2074/75. These dividends were due in the fiscal […]
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Mandakini Hydropower Limited (MHL) has recently listed 2,79,317.53 unit bonus shares on the Nepal Stock Exchange (NEPSE). This follows the company’s 10th Annual General Meeting (AGM), which took place on Poush 29, 2080, where a 5% dividend for the fiscal year 2079/80 was endorsed. During a board of directors meeting held on the 29th of […]
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